SOLD
Sold on 25 Jul 2024 for $857,000

5115/70 Southbank Boulevard
Southbank VIC 3006

Bedrooms: 1
Bathrooms: 2
Car spaces: 1
Floor area: 58m2
Land area: 2643m2
Save

Property Details for 5115/70 Southbank Bvd, Southbank

5115/70 Southbank Bvd, Southbank is a 1 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2018. The property has a land size of 2643m2 and floor size of 58m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 1 bedroom Unit sold in Southbank in the last 12 months.

Building Type
Unit
Year Built
2018
Floor Size
58m2
Land Size
2643m2
Local Government
Melbourne
Lot/Plan
5115/PS732028

Last Listing description (October 2019)

Apart 5115, 'Australia 108′ 70 Southbank Blvd Southbank.
LAST CHANCE! AVAIL YOURSELF OF HUGE STAMP DUTY SAVINGS BEFORE THE ESTIMATED SETTLEMENT DATE IN FEB 2019* BUY AT THE ORIGINAL CONTRACT PRICE $682,500.00 IN 2014!!

Located on the South corner of level 51, this two bedrooms one bathroom apartment comprises open plan living, fully equipped kitchen with stone benchtops, two bedrooms, a centre bathroom, and separate laundry.
The facilities at Australia 108 include:-
• Gym
• Outdoor BBQ area
• Sky Garden
• Private Dining Room
• Virtual Golf Course
• Lap pool, Sauna & Steam Rooms
• Private Theatre
• Infinity Edge Pool with views(Royal Botanic Gardens & St Kilda Rd)
Located in the heart of Southbank, 'Australia 108′ is well known as the tallest residential building in the Southern Hemisphere - Walking distance to Melbourne's CBD, Crown Casino, Southbank entertainment precinct, the Royal Botanic Gardens, and major public transport hubs in Melbourne that takes you everywhere!(Flinders Street Station, tram & bus stops).
PS: The vendor also has a two bedroom two bathroom apartment (with a car park) facing the Docklands and the City for sale! it is located on the West corner of level 56 - BUY AT THE ORIGINAL CONTRACT PRICE $897,500 IN 2014!!
Icon Property Pty Ltd, we specialise in selling Penthouses and Luxury Apartments in Melbourne.
*Particulars here are for information only and do not constitute any representation by the owner or agent.
* Reproduced with kind permission of Melway Publishing Pty Ltd

Property History for 5115/70 Southbank Bvd, Southbank, VIC 3006

A timeline of how this property has performed in the market
Last Sold
$857,000
25 Jul 2024
  • 25 Jul 2024
    Sold for $857,000
  • 24 Oct 2018
    Listed for Sale BUY AT THE ORIGINAL CONTRACT PRICE (2014) $682,500

Commute Calculator

About Southbank 3006

The size of Southbank is approximately 1.6 square kilometres. It has 7 parks covering nearly 1.5% of total area. The population of Southbank in 2011 was 11,235 people. By 2016 the population was 18,706 showing a population growth of 66.5% in the area during that time. The predominant age group in Southbank is 20-29 years. Households in Southbank are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Southbank work in a professional occupation. In 2011, 39.7% of the homes in Southbank were owner-occupied compared with 33.8% in 2016.

Southbank has 28,089 properties. Over the last 5 years, Houses in Southbank have seen a 149.41% increase in median value, while Units have seen a -2.22% decrease. As at 30 November 2024:

  • The median value for Houses in Southbank is $548,306 while the median value for Units is $568,437.
  • Houses have a median rent of $670 while Units have a median rent of $670.
There are currently 197 properties listed for sale, and 225 properties listed for rent in Southbank on OnTheHouse. According to CoreLogic's data, 1272 properties were sold in the past 12 months in Southbank.

Suburb Insights for Southbank 3006

Market Insights
Southbank Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Southbank Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.